One small step... The months of July and August were critical moments for this market...and by any measure it was a historic swing. In the month of July the market had it's first sustained selloff and the index dropped 50% from ~120 to ~60 billion dollars. As a percentage this was larger than the 2008… Continue reading August update→

The road ahead... In the month of May the market capitalization of the blockchain sector broke 100b which was outlined as the first goal in the fund thesis: Over the past few months the market has come to agree with this sentiment. For context, this means the sector is valued as much as McDonald's or… Continue reading June update→

A tidal rise This month we had further confirmation of the bull run identified in previous months. To recap, here is how last month's letter concluded: During May 2017 the blockchain index experienced a massive wave, almost doubling in value (from ~35b to ~66b) and at one point hitting 94b at the peak on May 24th.… Continue reading May Update→

Bull Market The Blockchain sector experienced a remarkable surge, increasing 14.7 billion in value to reach over 35 billion USD. It's notable that this is more than a third of the way to the fund's prediction that the market cap would grow to 100 billion. As I mentioned in the original thesis statement. By 2020 my assumption is this global market for… Continue reading April Update→

Summary The fund began the month of March with the following division: The overall return for the fund as of March 25th is 132.2% (compared to the overall blockchain market which was up 10%) These gains were due to our holdings in Ethereum as well as other altcoins. At a high level, we saw a movement of ~3 billion out of Bitcoin… Continue reading March 2017 update→

Inception date: Jan 1st 2017 log line: Trust a network, not an entity. The goal of this letter is to track the market capitalization of the Blockchain ecosystem. This chart shows the value of all crypto coins (or tokens) in existence. Currently ~20 billion USD. The first crypto coin was Bitcoin. It acts as the reserve currency… Continue reading Crypto Capital: My Cryptocurrency Fund Thesis→